Friday, September 21, 2018 2:50:41 PM
Let's say they sell $200K on the KS program what does that mean to the bottom line. If Brownies makes 50% profit after manufacturing/campaign/affiliate/shipping/warehousing/labor etc that would be great. Out of that $100K of p0tential profit how much of that is going to go against existing debt or research, new machinery, new hires, bonuses etc?
What I expect is it will be just another Q like those in the past where the company spends more than it makes and either needs to acquire more debt or sell shares.
Now lets say they have a good Q and show a profit. Is that profit going to be substatial enough to make others want to invest here? Can it be repeated for the next Q? I don't think running a KS program every Q is substainable. How will they sell more units? With advertising comes costs? More salesmen more cost. Is there a demand enough for a product like this on the market and is it crowded by other makers? Liability issues?
The KS campaign from what I understand is being assisted by an affiliate program that makes a percentage from every sale. The articles written with links are to make money period. Paid advertising in the rears as simple as that. Nothing wrong with it. Just is what it is. You spend enough money you can make anything appear succesful.
Do I want BWMG to have success is what you asked. 100% and to do it in a way I can make money. I have been here for years and heard and seen quite a bit. I visited Brownies and have spoken with a couple of the people there. I am here becuase I want to believe but is "NEMO" the path to success? I guess we will see soon enough.
I am a numbers guy and a realist. You have to remember we are dealing with a company trading on the OTC with unaudited financials. Take that for what it worth and you build from there. History is important with any company and this one has not made profits and has large accumilated debt on the books like 99.9% of the companies trading today on this exchange.
One of the key problems that I as an investor trading BWMG is that it is hard to sell shares. This stock just does not trade well period. Many days of no trades and most days gains and losses are based on trades from $5 to $50 and it is rare to see a day this trades over $1000. If you had a position of $5-10K could be a tough out without destorying value here?
Here is what I think they shoud do....
Get on shark tank and land Mark Cuban or the QVC gal as an investor in the company.
Until something like the above happens I honestly just don't see this going anywhere.
Best of luck
My opinions expressed here are solely my own and share via this forum only to give perspective and insight to my own thoughts and strategies. A professional I am not and in no way providing guidance or services. Give no value other than entertainment to
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